Eranove

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Eranove is a French company active in the management of public services and the production of electricity and drinking water in Africa. The company was formerly known as Finagestion. Eranove has been present in Côte d'Ivoire for several decades, in Senegal (SDE) since 1996, in the Democratic Republic of Congo since 2012 (service contract with Regideso), and in Benin since 2021 (through its subsidiary, Omilayé in the water sector in Benin). The company has also been developing projects in Mali since 2015 (Kénié Énergie Renouvelable), Gabon (Louetsi Hydro, Asokh Energy, Orélo), Madagascar (Sahofika), and Togo (Kékéli Efficient Power). It generated revenues of €576 million in 2017. Eranove operates at a capacity of over 1,250 MW, employs over 8,700 people, and serves 1.9 million customers for electricity, 1.8 million for water, and 470,000 for sanitation. The majority shareholder of the Eranove Group is ECP Finagestion FII S.a.r.l., affiliated with Emerging Capital Partners, a private equity firm.